NAUGATUCK — The Board of Mayor and Burgesses last week approved moving forward with the sale of two buildings.
The buildings are the former Prospect Street School, 100 Prospect St., and the former Naugatuck train station, 195 Water St.
The board approved the sale of the former school to Vic Buselli of Southbury for $300,000. Buselli plans to turn it into a mixed-use development, including office space and a gym.
The 41,000-square-foot building, which was constructed in 1953, used to house elementary school students and, more recently, preschool students. It was closed in 2012.
The board gave its blessing to the sale of the former train station for $400,000 to Trumbull resident Umberto Morale. Morale plans to convert it into a restaurant. He also plans to put $500,000 worth of renovations into the building, according to officials.
The former train station currently houses the Naugatuck Historical Society Museum and the office of the Naugatuck Economic Development Corporation.
The sale of both buildings was recommended by the NEDC and received a positive review from the Planning Commission.
NEDC President and CEO Ron Pugliese said the next step for both deals is to negotiate purchase and sales agreements. Once that is completed, and there is an agreement in place, the borough and the parties will close on the building.
If everything goes well, Pugliese said, the borough could close on the deals in four to five weeks.
The board also approved working out an agreement with a business owner interested in purchasing a small land parcel on Cedar Street for future development.